According to the study, One of the Latest Trend of this Market is Rising Incidence of Sedentary Diseases Worldwide is one of the primary growth factors for the market. Rising Consumer Base and Rapid Pace of Urbanization across the World
is also expected to contribute significantly to the Sports Nutrition market. Overall, applications of Sports Nutrition, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as PepsiCo Inc. (United States), Glanbia Plc. (Ireland), Reckitt Benckiser Group Plc. (United Kingdom), Yakult Honsha Co. Ltd. (Japan), Post Holdings Inc. (United States), GNC Holdings Inc. (United States), The Coca-Cola Company (United States), Abbott Nutrition Inc. (United States), Clif Bar & Company (United States), Otsuka Pharmaceutical Co. Ltd. (Japan) and Atlantic Multipower UK Limited (United Kingdom) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Sports Nutrition market identified that the demand is rising in many different parts of the world as "Favorable Government Initiatives towards Health Promotion is Create New Opportunities for Market Expansion". Furthermore, some recent industry insights like "In July 2023, Myprotein, a leading online sports nutrition brand launched three new products under the Clear Whey, Pre-workout, and Keventers verticals in Indian market. Clear Whey products will be available in flavors such as, Pineapple, Blood Orange, Mango, Coconut, Cranberry Raspberry, & Peach tea. Keventers products will be available in butterscotch flavor." is constantly making the industry dynamic. One of the challenges that industry facing is "Issue related to High Prices of Sports Nutrition Products and Lack of Consumer Awareness Regarding Sports Nutrition Powders"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Sports Nutrition market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Sports Nutrition market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Sports Nutrition market tight? Which application/end-user category or Product Type [Sports Supplements (Protein, BCAA, Multivitamins, Creatine, Electrolytes, Others), Sports Foods and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Sports Nutrition market and other related sub-markets covered in the study.
o Key & emerging players in the Sports Nutrition market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Sports Nutrition market size is calculated using market estimation process, the Sports Nutrition market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Sports Nutrition market size has been validated using both top-down and bottom-up approaches.